Home Economics 2:00PM Water Cooler 12/13/2024 | bare capitalism

2:00PM Water Cooler 12/13/2024 | bare capitalism

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2:00PM Water Cooler 12/13/2024 | bare capitalism

By Lambert Strether of Corrente.

Comfortable Friday the Thirteenth to those that have a good time! –lambert

Fowl Music of the Day

Northern Mockingbird, Siboney; BIOECO Estacion Ecologica Siboney-Jutici, Santiago de Cuba, Cuba. “That is all one steady reduce even by way of my announcement.” Seize a cup of espresso. Eighteen minutes (although the final two minutes or so are the “announcement.”

* * *

In Case You Would possibly Miss…

  1. RFK, Trump, and vax.
  2. Covid “viral reservoir” idea recieves help.
  3. The place oil earnings went.
  4. New Covid charts: Excellent news, however positivity uptick.

* * *

Politics

“So most of the social reactions that strike us as psychological are the truth is a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles

* * *

Capitol Seizure

“Watchdog finds FBI intelligence missteps earlier than Jan. 6 riot, however no undercover brokers had been current” [Associated Press]. “The report from the Justice Division inspector common’s workplace knocks down a fringe conspiracy idea superior by some Republicans in Congress that the FBI performed a task in instigating the occasions that day, when rioters decided to overturn Republican Donald Trump’s 2020 election loss to Democrat Joe Biden stormed the constructing in a violent conflict with police. The evaluation, launched practically 4 years after a darkish chapter in historical past that shook the bedrock of American democracy, was slender in scope, however aimed to make clear gnawing questions which have dominated public discourse, together with whether or not main intelligence failures preceded the riot and whether or not the FBI indirectly provoked the violence.” • I’d be quite a bit happier if I may cross two oddities off my checklist for the day: No person is aware of who constructed the gallows or took them away; and no person is aware of who left the pipe bombs on the DNC (when Kamala was there). For these two tales, take the Justice Division story as learn: It wasn’t the FBI. So, who was it?

“DOJ IG reveals 26 FBI informants had been current on Jan. 6” [FOX]. “Justice Division Inspector Normal Michael Horowitz stated there have been greater than two dozen confidential human sources (CHSs) within the crowd exterior the Capitol on Jan. 6, 2021, however solely three had been assigned by the FBI to be current for the occasion, whereas stressing that not one of the sources was approved or directed by the bureau to ‘break the legislation’ or ‘encourage others to commit unlawful acts,’ Fox Information has discovered.” • “We had been simply informanting. We weren’t agent provocateuring in any respect, completely.” OK, superb.

Trump Transition

“RFK Jr key adviser petitioned regulators to revoke approval of polio vaccine” [Ed Pilkington, Guardian]. “A key authorized adviser to Robert Kennedy Jr, Donald Trump’s choose for well being secretary, is on the middle of efforts to push federal drug regulators to revoke approval for the polio and hepatitis B vaccines and block distribution of 13 different vital vaccines. Aaron Siri, a lawyer who has been serving to Kennedy choose high well being directors as a part of the Trump transition course of, is deeply embedded in longstanding efforts to drive the US Meals and Drug Administration (FDA) to withdraw a raft of vaccines which have saved the lives and well being of thousands and thousands of People.” • I don’t thoughts having a superb religion dialogue about rolling again the childhood vaccination schedule; heck, it seems to be like a spreadsheet. However my concern has all the time been that the anti-vaxxers wish to roll again all vaccines, together with the unique Measles, Mumps, and Rubella (MMR), i.e., those I used to be given as a baby, and a superb factor, too. And now a RFK’s authorized operating buddy needs to roll again polio vaccines, so my “lack of excellent religion” priors are closely strengthened. A bridge too far, for me. Possibly concentrate on MAHA? Except eliminating polio vaccines is MAHA, in fact.

“Trump to debate ending childhood vaccination applications with RFK Jr.” [Reuters]. “He (Kennedy) doesn’t disagree with vaccinations, all vaccinations. He disagrees most likely with some,” Trump stated.” • “In all probability” is doing plenty of work there. And if Kennedy needed to preseve polio vaccines, then his mimion wouldn’t be attempting to revoke their approval. And if you wish to eliminate the polio vaccines, then you definitely would possibly as effectively “disagree” with “all vaccinations.” Trump ought to put RFK again in his field on this one.

* * *

“Trump Transition Workforce Needs To Finish Crash Report Requirement Opposed By Tesla, Report Says” [Forbes]. “President-elect Donald Trump’s transition staff needs to scrap a regulatory order requiring automakers to report crashes involving autos with automated driving programs, Reuters reported Friday, aligning with opposition to the rule by Elon Musk’s Tesla, which accounts for many crashes reported beneath the requirement to date.” • Oh.

* * *

“SEC prices Cantor Fitzgerald, led by Trump’s Commerce choose, with breaking securities legal guidelines” [CNBC]. • If we hadn’t simply had 4 years of Democrat lawfare, I’d be aghast.

The #Resistance

“Democratic governors quietly prep intensive plans to counter Trump” [CNN]. “Diplomatic and depressed as they’ve been in public, a small group of Democratic governors are deep into behind-the-scenes preparations and deliberations over find out how to stability the politics of pushing again on what they’re anticipating from President-elect Donald Trump’s subsequent flip within the White Home. Since lengthy earlier than the election, they’ve been poring by way of Undertaking 2025 — it’s useful, a number of Democratic governors instructed CNN, to have a blueprint in public. They’ve been learning their very own government powers and state legal guidelines…. They’ve been stockpiling the abortion remedy mifepristone [(!!)] in secret warehouses and rehearsing their solutions for if and when the incoming White Home tries to nationalize their state police or Nationwide Guard items to be used in deportation raids; some are planning to flat out refuse, whereas others intend to argue that the officers are busy with different work protecting the individuals of their states protected. (None have absolutely wrapped their heads round how it will work if items from different states are despatched in and set themselves up for showdowns on the state borders.)” And: “A number of have been operating tabletop workout routines behind closed doorways for months, typically with state attorneys common and different related officers concerned. Officers in a number of governors’ places of work instructed CNN the circles have been tight to maintain the incoming White Home from with the ability to put together for their very own responses, or for the proactive improvements they’re trying into.” • Price studying in full for the element. And what’s it with Democrats and these “tabletop workout routines”? They preserve operating them, and so they don’t appear to be doing a lot good.

Democrats en déshabillé

“Democrats’ downside with working-class voters is greater than free commerce” [Eric Levitz, Vox]. “In mild of deindustrialization’s most pernicious results, Democrats ought to make American staff’ entry to remunerative employment and collective bargaining rights much less contingent available on the market’s whims, whereas rebuilding the celebration’s status for sound financial administration.” • Daring! The issue is straightforward, from a 30,000-foot stage (the place certainly most issues are easy). The Democrats are the celebration of the PMC. Because the governing class, they’re within the enterprise of working the various and assorted rental extraction schemes that dominate our financialized economic system, and which enrich the (propertied) ruling class on the expense of the (enwaged) working class (medical health insurance being one such). Subsequently, the category pursuits of the Democrats and the working class are diametrically opposed. The Democrat Social gathering founders on this contradiction. “A home divided towards itself can not stand…. I don’t anticipate the home to fall — however I do anticipate it’s going to stop to be divided. It can change into all one factor, or all the opposite.” –Abraham Lincoln.

Republican Funhouse

“Home Republicans launch investigation into CVS Caremark for potential antitrust violations” [The Hill]. “Home Republicans wish to know whether or not pharmacy profit supervisor (PBM) CVS Caremark violated federal antitrust legal guidelines by threatening unbiased pharmacies to maintain them from utilizing money-saving instruments exterior the PBM’s community. In a letter to CVS obtained by The Hill, Home Judiciary Committee Chair Jim Jordan (R-Ohio) requested the corporate for paperwork and communications about pharmaceutical hubs, a kind of digital pharmacy service that may streamline the method of accessing and managing complicated, high-cost specialty medicines for sufferers. Jordan expressed concern that CVS prevents unbiased pharmacies from taking part in hub preparations, as a result of the corporate needs to move off potential competitors. If an unbiased pharmacy works with a hub exterior the PBM, it may very well be excluded from the PBMs community.” • Good.

Syndemics

“I’m in earnest — I cannot equivocate — I cannot excuse — I cannot retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison

* * *

Covid Sources, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; contains many counties; Wastewater Scan, contains drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide information). “An infection Management, Emergency Administration, Security, and Normal Ideas” (particularly on hospitalization by metropolis).

Lambert right here: Readers, thanks for the collective effort. To replace any entry, do be at liberty to contact me on the deal with given with the crops. Please put “COVID” within the topic line. Thanks!

Sources, United States (Native): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater reviews); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur d’Alene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (wastewater); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).

Sources, Canada (Nationwide): Wastewater (Authorities of Canada).

Sources, Canada (Provincial): ON (wastewater); QC (les eaux usées); BC (wastewater); BC, Vancouver (wastewater).

Hat tricks to useful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, KF, KidDoc, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, sq. coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).

Keep protected on the market!

Airborne Transmission

Phrase of the day (or the last decade):

Maskstravaganza

“Days after Period Tour ends, Taylor Swift spreads vacation cheer at Youngsters’s Mercy Hospital in KC” [Knox News]. • And that’s not all she’s spreading, is it?

Vaccines: Covid

“COVID-19 vaccination and short-term mortality danger: a nationwide self-controlled case sequence research in The Netherlands” (preprint) [medRxiv]. From the Summary: “We carried out a retrospective data-linkage research together with all Dutch inhabitants to analyze the impression of COVID-19 vaccination on extra mortality utilizing a modified self-controlled case sequence technique. We discovered a 44% decrease relative incidence of all-cause deaths within the first three weeks after the first vaccination in comparison with greater than three weeks after vaccination (IRR 0.56, 95percentCI 0.54-0.57). This decrease incidence was constant throughout vaccine varieties, doses, genders, age teams, and people with or with out prior SARS-CoV-2 an infection or comorbidities, and for non-COVID-19 associated deaths. For booster vaccinations, the relative incidence was related (IRR 0.49, 95percentCI 0.49-0.50). Compared, we noticed a 16-fold greater incidence of all-cause deaths within the three weeks following a registered constructive SARS-CoV-2 an infection in comparison with greater than three weeks after an infection (IRR 16.19, 95percentCI 15.78-16.60). A decrease relative incidence of short-term deaths following COVID-19 vaccination help that COVID-19 vaccination shouldn’t be related to the noticed extra mortality.” • “Not related” for that (comparatively brief) time frame, as they certainly say.

Variants: H5N1

“Novel human-type receptor-binding H5N1 virus in stay poultry markets, China” [The Lancet]. “In January, 2024, findings from a surveillance research close to Poyang Lake in southern China revealed a excessive prevalence of novel H5N1 viruses that confirmed enhanced binding affinity for human-type sialic acid receptors…. Given the established function of [Live poultry markets (LPMs)] as a serious supply of human H5N1 infections, we spotlight the pressing want for enhanced surveillance and public well being interventions to mitigate the widespread transmission potential of those novel human-type receptor-binding H5N1 viruses in these markets.” • “Novel” within the headline and repeated within the textual content doesn’t sound good. Maybe a form reader can translate your complete summary.

Sequelae: Covid

“Multi-Organ Unfold and Intra-Host Range of SARS-CoV-2 Assist Viral Persistence, Adaptation, and a Mechanism That Will increase Evolvability” [Journal of Medical Virology (Jason Boxman). The Abstract:

Intra-host diversity is an intricate phenomenon related to immune evasion, antiviral resistance, and evolutionary leaps along transmission chains. SARS-CoV-2 intra-host variation has been well-evidenced from respiratory samples. However, data on systemic dissemination and diversification are relatively scarce and come from immunologically impaired patients. Here, the presence and variability of SARS-CoV-2 were assessed among 71 tissue samples obtained from multiple organs including lung, intestine, heart, kidney, and liver from 15 autopsies with positive swabs and no records of immunocompromise. . All organs presented intra-host single nucleotide variants (iSNVs) with low, moderate, and high abundances. The iSNV abundances observed within different organs indicate that . In agreement with previous data from respiratory samples, our lung samples presented no more than 10 iSNVs each. But interestingly, when analyzing different organs we were able to detect between 11 and 45 iSNVs per case. . We elaborate on how compartmentalized evolution in multiple organs may contribute to SARS-CoV-2 evolving so rapidly despite the virus having a proofreading mechanism.

Yikes.

* * *

TABLE 1: Daily Covid Charts

Lambert: After repeated attempts, this is what I get for CDC’s wastewater page:

I conclude that CDC doesn’t know how to run a server, along with everything else they don’t know how to do.

Wastewater
This week[1] CDC December 2 Final week[2] CDC (till subsequent week):

Variants [3] CDC December 7 Emergency Room Visits[4] CDC December 7

Hospitalization
New York[5] New York State, information December 12: Nationwide [6] CDC December 12:

Positivity
Nationwide[7] Walgreens December 9: Ohio[8] Cleveland Clinic December 7:

Vacationers Information
Positivity[9] CDC November 25: Variants[10] CDC November 25:

Deaths
Weekly Deaths vs. % Positivity [11] CDC November 20: Weekly Deaths vs. ED Visits [12] CDC November 20:

LEGEND

1) for charts new as we speak; all others aren’t up to date.

2) For a full-size/full-resolution picture, Command-click (MacOS) or right-click (Home windows) on the chart thumbnail and “open picture in new tab.”

NOTES

[1] (CDC) Excellent news!

[2] (CDC) Final week’s wastewater map.

[3] (CDC Variants) XEC takes over. That WHO label, “Ommicron,” has completed an ideal job normalizing successive waves of an infection.

[4] (ED) A bit uptick.

[5] (Hospitalization: NY) Leveled out.

[6] (Hospitalization: CDC). Leveling out.

[7] (Walgreens) Leveling out.

[8] (Cleveland) Up!

[9] (Vacationers: Positivity) Leveling out.

[10] (Vacationers: Variants). Positivity is new, however variants haven’t but been launched.

[11] Deaths low, positivity leveling out.

[12] Deaths low, ED leveling out.

Stats Watch

There are not any official statistics of curiosity as we speak.

* * *

Manufacturing: “Boeing Plans $1 Billion Growth in South Carolina” [Industrial Equipment News]. “Boeing yesterday introduced plans to speculate $1 billion in infrastructure upgrades at its Charleston County, South Carolina website. The enlargement will create 500 new jobs over the following 5 years. The announcement was made by the South Carolina Division of Commerce (SCDC). Boeing South Carolina is residence to your complete 787 Dreamliner manufacturing cycle and fabricates, assembles, and delivers the 787-8, 787-9 and 787-10. The manufacturing unit has been in operation for greater than ten years.” • That’s non-unionized South Carolina.

Manufacturing: “Boeing, Airbus nonetheless battle with provide chains and personnel shortages” [Leeham News & Analysis]. “Michael Haidinger, president of Boeing’s European and Center Jap areas, and Juergen Westermeier, chief procurement officer for Airbus, agree challenges stay within the close to future. ‘There’s all the time a scarcity of expert aerospace expertise intensified by the pandemic,’ Haidinger stated this month on the annual Aviation Discussion board (2024) in Munich, Germany. ‘As all of the professionals retired, fewer new workers entered the sector. Our trade wants extra individuals who not solely convey experience but in addition embrace the mission of advancing aerospace.’ Haidinger added, ‘The deficit of expert engineers, technicians, and different aerospace staff has made ramping up manufacturing tougher. Attracting and retaining expertise has change into a high precedence for us. [We are] with many firms investing in workforce improvement, partnerships with universities, coaching applications, and apprenticeship applications.’”

* * *

Immediately’s Worry & Greed Index: 50 Impartial (earlier shut: 48 Impartial) [CNN]. One week in the past: 52 (Impartial). (0 is Excessive Worry; 100 is Excessive Greed). Final up to date Dec 13 at 2:43:33 PM ET.

Musical Interlude

Toe-tapping goodness:

Groves of Academe

“Comparative lit class will likely be first in Humanities Division to make use of UCLA-developed AI system” (press launch) [Newsroom, UCLA]. “The textbook: AI-generated. Class assignments: AI-generated. Educating assistants’ sources: AI-generated.” After I ran a Literary Hub submit on this story, alert reader and important thinker PJay requested an ideal query: “Are we positive this isn’t a Sokal-type hoax?” So I went and dug up this press launch; the chances of hoaxdom are vanishingly small. Right here once more, on your reference. is the AI artwork for the textbook. Put down your espresso:

The course is Comp Lit 2BW within the UCLA Faculty Division of Humanities [sic]. Would some form soul with a UCLA connection be capable of throw copies of the educating materials over the transom? I’m positive the readership would get pleasure from them. My e-mail deal with is down by the crops.

Annals of Faith

“How a Story of Demonic Possession Predicted the Decline of an Early Medieval Empire” [Smithsonian]. “Historians can look again and see the tensions that resulted within the coup of 830, and the way its lack of decision led to a different coup try in 833 and finally to a brutal civil conflict within the 840s. However all through all of the homicide, treason and plotting, most historic sources, from the Annals of Fulda to the Annals of St. Bertin, stay dedicated to the parable of stability, inevitability and God’s blessing.” • Plus ça change….

Healthcare

“UnitedHealth Group C.E.O.: The Well being Care System Is Flawed. Let’s Repair It.” [Andrew Witty, New York Times]. Witty is the chief government officer of UnitedHealth Group, the father or mother firm of UnitedHealthcare. “He believed selections about well being care ought to begin with the person and championed plans through which customers may see prices and protection choices upfront, so they might determine what’s greatest for themselves and their households.” • Oh.

“Brian Thompson, Not Luigi Mangione, Is the Actual Working-Class Hero” [Bret Stephens, New York Times]. “Thompson’s life might have been reduce brutally brief, however it’s going to stay a mannequin for the way a gifted and decided man from humble roots can nonetheless rise to the highest of company life with out the good thing about wealthy mother and father and an Ivy League diploma.”

“The Disaster of Elite Indifference to Company Mass Homicide” [Nathan Newman, Left Future]. The deck: “And a Modest Proposal to License No Greater than 10 CEO Murders Every 12 months to Enhance Company Accountability” NOTE: Satire. Kind of like Shirley Jackson’s The Lottery. Because the creator mentions!

* * *

UPDATE A usually sensible thread by Moe Tkacik:

It’s actually attempting to be a weblog submit, and it’s too lengthy to display screen seize, however right here is the whistleblower (“skilled witness”) half:

Price a clickthrough, although I assume the total article will seem shortly.

* * *

“Luigi Mangione’s Mom Spent Months Trying to find a Son Who Didn’t Wish to Be Discovered” [Wall Street Journal]. “Over the previous yr, the household was at a loss for the place Luigi was or what he was doing, in accordance with the individuals near the Mangiones. Within the fall, his kinfolk emailed a lot of his pals to hunt their assist. One buddy posted to Luigi on X, ‘Hey, are you okay? No person has heard from you in months, and apparently your loved ones is on the lookout for you.’ In November, his mom reportedly referred to as the San Francisco Police Division to report her son lacking. ‘She would have completed every part to seek out her son and couldn’t,’ stated a type of near the Mangiones.” • Hmm.

* * *

“Lakeland lady threatens insurance coverage firm, says ‘Delay, Deny, Depose’: police” [WFLA]. “A Lakeland lady was charged Tuesday after police stated she ended a name to an insurance coverage firm with the phrases, ‘Delay, Deny, Depose.’ In an arrest affidavit, the Lakeland Police Division stated officers had been contacted by the FBI on Tuesday, Dec. 10 relating to an alleged menace remodeled the cellphone. Briana Boston, 42, had reportedly positioned a name to BlueCross BlueShield relating to current medical insurance coverage claims she was denied. All the cellphone name was recorded, in accordance with the affidavit…. Police made contact with Boston at her residence in Lakeland, the place she reportedly admitted to utilizing these phrases throughout the name, telling detectives that ‘healthcare firms performed video games and deserved karma from the world as a result of they’re evil.’ ‘My consumer is 42, married mom of three. By no means had any felony prices or convictions. Might you launch her on her personal recognizance,’ her lawyer Jim Headley stated to a decide throughout her first look in courtroom. Nevertheless, the decide set her bond at $100,000, stating, ‘I do discover that the bond of $100,000 is acceptable .’ Boston was charged with threats to conduct a mass capturing or an act of terrorism, in accordance with the affidavit.” • Hoo boy.

“Girl threatens BlueCross BlueShield, saying ‘delay, deny, depose’, then will get arrested” [WHAM]. “Boston is charged with one depend “Written Menace to Kill or Injure- Conduct a mass capturing or an act of terrorism.” • This seems to be just like the related Florida statute;

However cellphone calls are exempt, and Boston made the alleged menace over the cellphone. Maybe a authorized skilled from Florida can weigh in?

Guillotine Watch

“BioLab units deadline for claims over Conyers chemical plant fireplace” [FOX5]. “Time is operating out to file reimbursement claims in connection to the BioLab chemical plant fireplace in Conyers. The fires in September despatched chemical-filled smoke into the air for days, resulting in complaints a couple of robust chemical odor and haze and forcing hundreds to shelter in place. The corporate is already going through a number of lawsuits, together with one filed by Rockdale County commissioners. The fee chair says that the lawsuit is at the moment in course of. As cleanup started, BioLab opened a web site for residents to file a declare for bills incurred on account of the hearth. The corporate says it has responded to greater than 29,000 calls and 9,000 emails, and helped 4,000 individuals by way of its Group Help Heart since Oct. 8. With the excessive quantity of claims steadily reducing, BioLab has set a deadline for New 12 months’s Eve for any new submissions. After that, the corporate will not settle for new claims.”• The submit offers instructions on submitting a declare, which is beneficial. Nonetheless, what about long run results?

Class Warfare

“Musk’s Charitable Basis Despatched Most of Its Tens of millions to His Personal Entities” [Bloomberg]. “Elon Musk’s charitable basis ballooned to $9.5 billion in belongings final yr whereas handing out $237 million in presents, most of which went to different entities managed by the world’s richest particular person. The figures are a part of the Musk Basis’s newest tax submitting, obtained Thursday by Bloomberg Information…. The nonprofits Musk controls are a part of his huge and rising empire, which counts a carmaker, rocket firm, social media platform and, now, a serious political equipment…. Although Musk has widened his lead because the richest particular person ever, his philanthropy stays muted…. The IRS mandates that foundations deploy, on common, 5% of belongings a yr. Musk has repeatedly missed that bar. Over time, at the same time as the muse has grown in wealth, he has stored the staff small. Its newest submitting lists the identical handful of individuals, together with himself and his fixer, Jared Birchall.” • Lol, “muted.” “Fixer” can be fairly a powerful phrase to make use of, particularly for Bloomberg. I imply, “fixer” is a Third World idea, no?

“Distributional implications and share possession of document oil and gasoline earnings” (PDF) [University of Massachusetts, Amherst]. “We estimate that globally, web revenue in publicly listed oil and gasoline firms reached US$916 billion in 2022. The USA was the most important beneficiary receiving US$301 billion in fossil gasoline earnings each from home extraction and thru international shareholding, greater than U.S. investments of US$267 billion within the low carbon economic system that yr. Analyzing the U.S. distribution together with privately held US firms, 51% of earnings went to the wealthiest 1%, predominantly by way of direct shareholdings and personal firm possession. In distinction the underside 50% solely obtained 1%. The incremental fossil-fuel earnings in 2022 over these in 2021 had been sufficient to extend the disposable revenue of the wealthiest People a number of % and compensate a considerable a part of their buying energy loss from inflation that yr, thereby exacerbating inflation inequality. File fossil-fuel earnings additionally reinforce present racial and ethnic inequalities and inequalities between teams with totally different academic attainments. Our outcomes additionally present that solely a small share of total earnings advantages establishments that serve the broader public similar to pension funds.” • Helpful chart:

“Man alleges Sean Combs drugged and raped him throughout a gathering at a New York lodge” [NBC]. • Been awhile since we heard from Diddy!

Information of the Wired

“People who find themselves good at studying have totally different brains” [The Conversation]. “Clearly, mind construction can inform us quite a bit about studying expertise. Importantly, although, the mind is malleable — it adjustments after we be taught a brand new ability or apply an already acquired one. As an illustration, younger adults who studied language intensively elevated their cortical thickness in language areas. Equally, studying is prone to form the construction of the left Heschl’s gyrus and temporal pole. So, if you wish to preserve your Heschl’s thick and thriving, choose up a superb ebook and begin studying. Lastly, it’s value contemplating what would possibly occur to us as a species if expertise like studying change into much less prioritised. Our capability to interpret the world round us and perceive the minds of others would absolutely diminish. In different phrases, that cosy second with a ebook in your armchair isn’t simply private – it’s a service to humanity.”

* * *

Contact data for crops: Readers, be at liberty to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn the way to ship me a verify in case you are allergic to PayPal and (b) to learn the way to ship me photographs of crops. Greens are superb! Fungi, lichen, and coral are deemed to be honorary crops! In order for you your deal with to seem as a credit score, please place it at first of your mail in parentheses: (thus). In any other case, I’ll anonymize by utilizing your initials. See the earlier Water Cooler (with plant) right here. From timotheus:

Timotheus writes: “I took this photograph of a monarch on a bee blossom bush in early September within the park in entrance of my constructing and solely simply now realized (by blowing it up) that it was tagged. I reported the quantity to MonarchWatch.org, which was straightforward. They stated thanks.”

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About Lambert Strether

Readers, I’ve had a correspondent characterize my views as sensible cynical. Let me briefly clarify them. I consider in common applications that present concrete materials advantages, particularly to the working class. Medicare for All is the prime instance, however tuition-free faculty and a Publish Workplace Financial institution additionally fall beneath this heading. So do a Jobs Assure and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can ship on such applications, as a result of the 2 are totally different flavors of neoliberalism (“As a result of markets”). I don’t a lot care in regards to the “ism” that delivers the advantages, though whichever one does should put widespread humanity first, versus markets. Might be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t a lot care, so long as the advantages are delivered.

To me, the important thing concern — and for this reason Medicare for All is all the time first with me — is the tens of hundreds of extra “deaths from despair,” as described by the Case-Deaton research, and different current research. That big physique depend makes Medicare for All, on the very least, an ethical and strategic crucial. And that stage of struggling and natural injury makes the considerations of id politics — even the worthy combat to assist the refugees Bush, Obama, and Clinton’s wars created — brilliant shiny objects by comparability. Therefore my frustration with the information stream — at the moment for my part the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the opposite by out-of-power liberals and their allies within the State and within the press — a information stream that consistently forces me to concentrate on issues that I regard as of secondary significance to the surplus deaths. What sort of political economic system is it that halts and even reverses the will increase in life expectancy that civilized societies have achieved? I’m additionally very hopeful that the persevering with destruction of each celebration institutions will open the area for voices supporting applications much like these I’ve listed; let’s name such voices “the left.” Volatility creates alternative, particularly if the Democrat institution, which places markets first and opposes all such applications, isn’t allowed to get again into the saddle. Eyes on the prize! I like the tactical stage, and secretly love even the horse race, since I’ve been running a blog about it day by day for fourteen years, however every part I write has this attitude behind it.